Image courtesy of 6sqft.
FaceTime video tours, virtual open houses, and plunging interest rates; the real estate business in New York City in the time of COVID-19 isn’t business as usual. But as impactful and uncertain as the global pandemic is, it may not be bad for business. An important and unique attribute of this particular crisis, though, is uncertainty. There are new developments each day, and new answers–for public health and welfare, of course, but also for businesses affected by the virus.
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166 Perry Street, the futuristic, Asymptote-designed condo with a vertical undulating façade, has become notorious for its failed flipping attempts. But the curse might be lifted at the eight-story West Village residence thanks to the recent $2.5 million sale of apartment 1B, a 2BR/2.5BA duplex that has been outfitted with modern touches and funky details. The 2,526-square-foot unit initially sold in 2010, a year after the building’s completion, for $1.756 million. When the pad went on the market this time around in January 2013, it was listed for $3.995 million. Though today’s owner had to lower the asking price, she still made a profit of nearly $1 million.
Check out the colorful digs here
We’ll admit it–even though New York City is our home, we sometimes long for the comforts of the suburbs. That’s why we were so excited to find this floor-through apartment in a turn-of-the-century Upper West Side townhouse. Apartment 4 at 129 West 80th Street, which is listed at $1.695 million, is a 1BR/1.5BA co-op. Not only has it been renovated to exude a nostalgic, French country feel, but its spectacular roof deck gives you all the charms of backyard living without having to battle summer traffic to the Jersey Shore or Hamptons. And you can’t get those skyline views in suburbia!
See what else this little slice of heaven has to offer
We’re guessing this penthouse loft at 138 West 17th Street is going to get very organized when new owner Mark Tarchetti, Chief Development Officer and Executive Vice President of Newell Rubbermaid Inc., moves in. He may not need to bring in too many plastic bins, though, as internationally acclaimed architect/designer Patrick Naggar executed a stunning combination of high function and low maintenance in this 3BR/3BA, 3,200-square-foot Chelsea apartment.
Naggar incorporated exotic materials and top-notch artisanry to create a sleek, modern home that feels luxurious and comfortable. Natural light and 360-degree unobstructed views abound thanks to 20 huge windows and five skylights.
Think the penthouse was worth the $7 million price tag? Check out more details right this way
Attics get a bad name as the cobweb-laden crawl space to store holiday decorations, the makeshift bedroom for the angry teenager in the house, or the unknown room that no one even dares enter. But behind the dormer windows of 651 Washington Street is a modern, spacious attic space that has been transformed to fit two sunny bedrooms, one of the many factors that likely led to its recent $6 million sale.
Other selling points of the five-story, 2,800-square-foot home include four bedrooms, three and a half bathrooms, a full-floor finished basement outfitted with a home gym, a private outdoor garden, and two separate dining rooms. The lucky buyer is Charles Modica, Co-Founder and Chancellor of St. George’s University located in Grenada, West Indies.
See what else Mr. Modica will get to enjoy in his new residence
It’s hard not to become a jaded New Yorker when it comes to real estate. We’ve been duped by phony listing pictures, stood up at a random addresses by our brokers, and probably watched a little too much of the soap opera-like Million Dollar Listing. But it’s not all Photoshopped specs and inter-agency drama — something I quickly learned during my interview with Siim and Rudi Hanja, a father/son broker team at Brown Harris Stevens who are passionate about their careers, connection to downtown, and their relationship with each other.
Siim Hanja has been a SoHo and Tribeca resident for the past 40 years. He’s considered an expert on the downtown residential market, and much of his client base includes people involved with the arts. He raised his daughter and son Rudi in SoHo, a neighborhood he is still proud to call home. Rudi was first introduced to real estate when he was around ten years old, filing papers at a small, boutique brokerage that Siim owned. After graduating from Boston University, Rudi took a summer job with the sales and marketing team at 120 Greenwich Street, where he worked with the exclusive broker and closed the final 30% of sales in the condo building. He then went on to work at another major real estate firm in the city until he and Siim decided to begin working together at Brown Harris Stevens.
Find out what team Hanja has to say
Park Avenue is synonymous with luxury living and this 3BR/4.5BA apartment at the corner of 71st Street does not disappoint. The sprawling residence at 737 Park Avenue features over 4,300-square-feet of perfection starting the moment you step off the elevator onto your own private landing. We won’t blame you for doing a little fist-pump after taking possession of the keys. Expertly staged by Arthur Dunnam of renowned interior design firm Jed Johnson Associates (whose work has been featured in Architectural Digest, Elle Décor, and Interior Design), the home is beautifully divided into public and private spaces.
Take a closer look at Mr. Dunnam’s interior vision
Author Stephen King considers Jack Finney’s classic novel, Time and Again, to be “THE great time-travel story” ever, and figuring prominently in the main character’s attempts to travel back to the late 1800’s is the building that still sits prominently at 1 West 72nd Street, The Dakota. Its significance in the plot is not simply because it was completed around the time of the story’s setting, but rather for a more interesting notion: The Dakota faces a section of Central Park which, when observed from the apartment in the story, remains relatively unchanged from the day it was completed in 1884. A timeless view.
see how 19th Century charm meets 21st Century chic
In our humble opinion putting down roots in New York City should be on everyone’s bucket list. And that’s exactly what Friedrich Gretsch, an immigrant from Mannheim, Germany did in 1883, when he founded a small musical instrument shop in Brooklyn that later became a dynasty still in existence today. In 1916, as The Gretsch Company expanded, his son moved the operation to a mammoth ten-story factory at 60 Broadway in Williamsburg, Brooklyn, now the site of this luxury residential condominium conversion by architect Karl Fischer and interior designer Andres Escobar & Associates completed in 2003.
Read on to see why this apartment is music to our ears – and eyes
Smack dab in the middle of the West Chelsea Arts District sits this exquisitely appointed 3BR/3.5BA duplex at 456 West 19th Street. We couldn’t think of a more perfect location for this glorious work of art which showcases the wonderfully creative and tasteful touches of world-renowned interior designer Shamir Shah and offers huge canvases of wall space tailor-made for your own artistic influences.
Tour the home here